Wal-Mart Mexico

Good morning to you,

who besides @Iwanowitsch me and Walmart de Mexico $WALMEX* (-0,4%) interesting?

Here are a few facts:

I struggled because the spread is extremely high. But in the end I decided to buy $WALMEX* (-0,4%) in the end.

I am convinced of Walmart Mexico and consider the timing to be more or less "favorable".

Mexico is a growth market, and the first thing that increases with increasing prosperity, apart from body weight, is the sales of food retailers.

$MELI (+2,47%) I may have bought it too, but that's another story 😜

Over the last few days I have been busy sorting out shares again and have now reduced my positions from 77 to 65.

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True to the motto: "With a heavy heart I am selling my rusty used car", the following positions have left my portfolio these days.

$GME (-1,78%) with -6.22% 🤓

$MO (+0,89%) +6,78%

$SYK (+1,66%) +0,32%

$KDP (+0,79%) +14,62%

$CL (+0,76%) +12,32% 😢

$ECL (+1,09%) +5,22%

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However, two should follow immediately. 😜 Yes, the goal is actually to reduce stocks and not add any new ones. But these two simply fit perfectly into my growth strategy, namely $WALMEX* (-0,4%) & $MELI (+2,47%) In addition, -6 + 2 still makes -4, which is a WIN WIN situation.

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But unfortunately I can't get into the 2 stocks. With $MELI (+2,47%) I want to wait, as it is very highly valued and I see a certain downside potential in the next few weeks. With $WALMEX* (-0,4%) I have a limit order at €2.59, but I can't get in. Although the price has already fallen below it yesterday and today. The problem is that Trade Republic has a spread of 18-24 cents per Walmex share, i.e. almost 10% 😨

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$WALMEX* (-0,4%)
$WMT (+2,04%) Why did Walmart Mexico crash like this? I can't find any information about it.

I will soon have some money available to invest again, which I would like to use for additional purchases.

First and foremost, I want to further expand my ETF positions.

I would particularly like to buy more of my individual stocks at the moment:

• Canadian National Railway $CNR (+2,89%)
• 
  Nestlé $NESN (-0,15%)
• 
  PepsiCo $PEP (+1,54%)
• 
  Daikin Industries $6367 (+2,75%)
• 
  Walmart de Mexico $WALMEX* (-0,4%)

These are all long-term positions in my portfolio, which I think are currently valued quite favorably.

What do you think of these 5 companies?

I am grateful for any input!

Your Burner

Depot update:

I have again exchanged a few of my 45 long-term individual positions for stocks that I simply feel more comfortable with for the next few years.

Once again, a brief summary of my strategy:

1) I want to bring the two large ETF positions to 25% weighting each, as the core of the portfolio.

2) I would like to hold and save the 45 individual positions for the long term, as I consider them to be good buy & hold investments that have the potential to beat the market in the long term.

3) I would like to hold cryptos at a weighting of around 5%. If the weighting exceeds 10%, I halve it again and invest the money freed up in equities.

Considerations/plans:

- Additional purchases are planned for positions that are not yet as large for me, for example. $NOC (+1,56%) I would like each position to be at least €600

• Also bid $V (+1,31%)
  $CNR (+2,89%) and $WALMEX* (-0,4%) are currently offering me good opportunities for additional purchases
• I am currently considering "only" weighting the two ETFs with 20% each and also adding the $CSNDX (+0,84%) with a 10% weighting... But I don't think I will do that, the heavyweights from the Nasdaq 100 are already well weighted in my portfolio anyway

What do you think about the portfolio, what would you change?

PS: I'm not actively looking to collect a lot of dividends and I'm aware of the high number of individual stocks, so I can live with that.